ArcelorMittal

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Latest blogosphere posts tagged “ArcelorMittal”

• (MT) ArcelorMittal Increases Stake in ArcelorMittal Ostrava

  
  Stock Blog Hub — Authority: 461
  The leading steel maker, ArcelorMittal ( MT ) announced that it has agreed to acquire a 13.881% stake in ArcelorMittal Ostrava, a.s. from a subsidiary of PPF GROUP N.V., for approximately $404.3 million. The company said that this investment is consistent with ArcelorMittal’s commitment to be one of the largest ...
  1 day ago

• (F) Steel Industry – Industry Outlook

  
  Stock Blog Hub — Authority: 461
  Steel Output Mounting The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated with a few producers. The industry includes metal ore exploration and mining services, iron and steel foundries ...
  1 day ago

• ArcelorMittal plans to acquire 14% in Czech arm

  
  Stock Watch - Stock Specific News — Authority: 487
  ArcelorMittal, worlds major steel manufacturer, has announced that it will soon purchase additional 13.8% stake in its Czech subsidiary ArcelorMittal Ostrava. The deal, which will be finalized in 2010, will entail an investment of USD 404.3 million (about Rs 1,900 crore). read more
  3 days ago

• ArcelorMittal launches "boldspirit"

  
  Digital, Buzz, viral & social media marketing agency ??? Vanksen|Culture-buzz — Authority: 470
  The worlds leading steel producer, ArcelorMittal , has launched a new innovative online version of its corporate magazine boldspirit . After the 2007 high end print version praised for its dynamic and human approach, the magazine has now entered the digital world. The objective of this new website ...
  3 days ago

• Notes: ArcelorMittal Gets Stimulus Coin for Energy Project

  
  Building Indiana Blog — Authority: 428
  The U.S. Energy Department has awarded more than $31 million in stimulus funds to ArcelorMittal for an industrial energy efficiency project at its Burns Harbor location. NIPSCO plans to file for another electric rate hike in 2010. The national unemployment rate rose above 10 percent in October for the first ...
  1 week ago

• Luxury: Escada Lives to Fight Another Day

  
  The Luxe Chronicles — Authority: 125
  It has to be a bitter-sweet moment (or perhaps simply bitter) for the family of Wolfgang Ley, founders of fashion brand  Escada . On the one hand, the Escada name and brand is saved from bankruptcy and will live to fight another day. On the other, it will do so under new control - that of Indias Mittal family. ...
  1 week ago

• (MT) Arcelor Mittal Beats Consensus Estimates

  
  Stock Blog Hub — Authority: 461
  Recently, Arcelor Mittal ( MT ) reported encouraging results for the third quarter of 2009. The company recorded a net income of $0.9 billion, or $0.60 per share, as compared with a net loss of $0.8 billion, or $(0.57) per share, for the three months ended June 30, 2009, and net income of $3.8 billion or $2.79 per ...
  1 week ago

• The World’s # 1 steel company announces profit after 9 month loss

  
  StockPreacher — Authority: 142
  Top steel company ArcelorMittal, based in Luxembourg, announced Wednesday the first profit of US$903M for Q-3 after 9 losing months. Due to combined initiatives including selected growth projects in Key emerging markets, adjusted financial policy and strategic investment, the giant steel maker gained a net income of ...
  2 weeks ago

• Notes: Economy Grows in Q3

  
  Building Indiana Blog — Authority: 428
  The U.S. economy grew 3.5 percent in the third quarter, signaling the end of the recession. ArcelorMittal’s sales and profits rose in the third quarter, and the company expects capacity utilization to increase to 70 percent in Q4. Meanwhile, U.S. Steel reported a loss for the third straight quarter. The ...
  2 weeks ago

• YouTube cry of anger publicises plight of sacked staff

  
  The Guardian - guardian.co.uk — Authority: 983
  They have staged protests, walked out on strike, kidnapped their bosses and threatened to pour toxic waste into the river Seine. But, despite their efforts to avert closures and job losses, tens of thousands of French factory employees have fallen victim to the gloomy economic climate. Now one angry worker who was ...
  2 weeks ago

• Arcelor Mittal (NYSE:MT) – Global steel giant reverses to profit with rosy outlook on steel demand.

  
  ResearchOracle.com — Authority: 155
  Despite reporting a steep y-o-y fall in revenues and profitability for 3Q 09, conditions have improved significantly for Arcelor Mittal sequentially as steel demand shows signs of recovery after experiencing a steep dip in 1H 09. Considering improving dynamics for steel demand we maintain our positive outlook towards ...
  2 weeks ago

• ArcelorMittal Posts $903 Million Profit

  
  NYT > Theater — Authority: 913
  ArcelorMittal, the world’s largest steel company, said Wednesday that it broke a string of three straight losses with a $903 million third-quarter profit.
  2 weeks ago

• ArcelorMittal returns profit for Q3

  
  ICM Commercial & Business News — Authority: 434
  The world’s leading steelmaker, ArcelorMittal, has reported third quarter net income of $903 million (£553m), returning to profit for the first time since 2008. ArcelorMittals’ Chairman and CEO is Lakshmi Mittal, Britain’s richest man and according to Forbes, the world’s 8th richest man. The Luxemburg-based ...
  2 weeks ago

• (MT) ArcelorMittal Selling Stake in Wabush Mines

  
  Stock Blog Hub — Authority: 461
  Earlier this week, ArcelorMittal (MT) signed a definitive agreement to divest its minority interest in Wabush Mines, Canada, for $34.28 million. ArcelorMittal’s 28.6% stake in the Wabush Mines joint venture is being sold to Consolidated Thompson Iron Mines Ltd. Consolidated Thompson plans to finance the ...
  4 weeks ago

• (X) United States Steel Corporation Divests Interest in Wabush Mines

  
  Stock Blog Hub — Authority: 461
  On Oct. 9, United States Steel Corporation’s (X) wholly owned subsidiary U.S. Steel Canada Inc., ArcelorMittal Dofasco and Cliffs Natural Resources Inc. (CLF) have agreed to sell their respective interest in the Wabush Mines joint venture to a Montreal-based steel mining company, Consolidated Thompson Iron Mines ...
  4 weeks ago

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